Turtle Bay
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Turtle Bay

New York City

Listing Type

Potential

Attributes

Co-Owner Price

Take a Bite Out of the Big Apple

Since 2013, Lifestyle Asset Group has been the pioneer of a smart and sensible ownership model where a small group of like-minded families co-own a luxury second home with each co-owner only paying their share of the purchase and annual maintenance costs.

Discover this luxury 2 bedroom, 2 bath NYC apartment in the heart of the Turtle Bay neighborhood in Midtown Manhattan.

The Property

Want to experience the city like never before? This midtown east luxury apartment commands an entire floor in the historic Turtle Bay neighborhood in the heart of Midtown Manhattan. Floor-to-ceiling windows in the living/dining area and an 18-foot wraparound balcony provide timeless views of the city and East River waterfront. Click your heels on the same sidewalks as Katharine Hepburn, John Steinbeck, Irving Berlin and E.B. White – all longtime residents of this Manhattan micro-neighborhood.

This pet-friendly building has a 24-hour doorman and is conveniently located in Central midtown east. Take the elevator that opens directly into your 12th-floor private entrance and marvel at this unique and wondrous two-bedroom, two-bath luxury apartment with a master bedroom that features skylights and houses an en-suite master bathroom. The ample-sized living room and the floor-to-ceiling windows offer three exposure open city views and a glass door that leads to the outdoor balcony.

Enjoy a super-sized, chef’s Pogenphol and granite eat-in kitchen with high-end Subzero, Mielie, and Wolf appliances. Hardwood floors and a washer-dryer complete his unique and enchanting apartment.

Testimonial:

Residence Features

  • 2 bedrooms, 2 full bathrooms, 1,228 sq. ft.
  • Sleeps 6
  • The condo is the entire 12th floor with direct elevator access (no hallways)
  • Floor-to-ceiling windows that offer four exposure city views
  • Pogenphol designed kitchen
  • Sub-Zero and Mielie appliances
  • Wine cooler
  • Granite countertops
  • Hardwood floors
  • Washer/dryer in unit

Building Features:

  • Courtyard
  • Landscaped garden
  • 24-hour doorman
  • Close to transportation, FDR, Grand Central Station, the United Nations, and fine dining

The Place

The Resort

The neighborhood is known for its architectural diversity nestled in an array of beautiful trees and some of the most enchanting gardens and parks that provide an oasis of space and nature in the bustling city.

The building is located on the east side, right off the FDR highway, for a quick taxi from Laguardia and is within walking distance to the subway and many attractions including the Metropolitan Museum of Art, Grand Central Station, the United Nations, 5th Avenue shopping, and endless fine and casual dining options.


The Investment

Since 2013 Lifestyle Asset Group has been a pioneer in this proven real estate model, where you, along with a small group of like-minded investors, co-own a vacation property, with each investor only paying their share of the ownership costs.

PRICING

Since 2013 Lifestyle Asset Group has been a pioneer in this proven co-ownership model, where you, along with a small group of like-minded families, co-own a vacation property, with each investor only paying their share of the ownership costs.

Your capital is 100% secured by the home, paid for free and clear.

Capital Contribution:

1/10th equity share: $229,000 - 28 nights of use annually, plus 7 nights of of space available use.

- 3 Night Reservation: Arriving on Friday – Departing on Monday

- 4 Night Reservation: Arriving on Monday – Departing on Friday

- 7 Night Reservation: Arriving on Monday or Friday – Departing the following Monday or Friday

TOTAL ANNUAL FEES*

$13,000

*These fees are allocated directly to expenses relating to the comprehensive maintenance and management of the residence, including property taxes, utilities, interior maintenance, household supplies as well as deferred maintenance.

How It Works:   
  • A Limited Liability Company is created to buy the apartment
  • A maximum of 10 investors are admitted into the LLC
  • Each investor’s capital is 100% secured by the property, paid for free and clear
  • Ownership costs and usage are shared
  • Voting and shareholder control
  • Zero-hassle ownership and personal concierge services
  • Defined 10-year exit strategy with no resale hassles
  • Owners participate in any net appreciation when the apartment is sold
GET WEEKLY EQUITY VALUES
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If this one-of-a-kind co-ownership opportunity resonates with you we encourage you to request more information about this property in New York City, NY before the shares are spoken for.

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